CSS clean seas seafood limited

Howdy Takuan. I'm purely an investor with a chunk in my super...

  1. 1,734 Posts.
    Howdy Takuan. I'm purely an investor with a chunk in my super account and another chunk in my trading account. I'll be doubling up if spawning results look good. I trade full time so will likely be in and out of the trading parcel numerous time but for my super account, CSS is my stock pick for 2010. This IMO is why:

    STRENGTHS:
    * massive global market
    * Decades of research and technology development by fishing expert family has resulted in first class technologies, facilities and methods
    * these trade secrets recognized by Times Magazine as the 2nd best invention of 2009 (beaten only by NASAs Ares rocket)
    * improved fingerling survival rates and breeding to adulthood
    * Affiliated with Japan's Kinki University experts in acquaculture technologies
    ** management has now been fortified with a reshuffle and new chairman John Ellis-Flint (ex Santos)...
    * Qantas pilots point out the tuna tanks off the SA coast as a world-class australian innnovation and aerial feature of flying Melb-Perth (cute and true) ;)

    WEAKNESSES:
    * previous management slip ups,
    * Heavily discounted spp and consequent dilution
    * lengthy testing of breeding systems and programmes
    * likely need for additional funding down the track

    OPPORTUNITIES:
    * Massive global market - potential profits are huge.
    * a newfound interest in global fishing restrictions by media, environmental groups and consumers
    * Methods and technologies developed over many years has created trade secrets / intellectual property for an industry edge and potential licensing revenues
    * Heavily discounted spp makes for very cheap investor entry (the price is cheap, not the investor)
    * Conservatively projected as a $1.33 stock in 12 months by Patersons
    * Touted by the AFR as a potential 100 bagger

    THREATS:
    * The survival rate for hatched fingerlings, cannibalism, disease and young tuna crashing into tank walls (true tuna hoons!)

 
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Last
13.5¢
Change
0.000(0.00%)
Mkt cap ! $28.28M
Open High Low Value Volume
14.0¢ 14.0¢ 13.5¢ $48K 355.5K

Buyers (Bids)

No. Vol. Price($)
10 3997776 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 351442 16
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Last trade - 10.00am 14/07/2025 (20 minute delay) ?
CSS (ASX) Chart
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